Does anyone have an opinion of this organization and is it worth joining for short sale info and lead generation ideas? I don't need training on short sales, have done about 500 of them, but lead generation ideas would be good. Also, they talked ab
Read more…We have a short sale where the first is a full payoff to greentree and the second is with Citi. We got approval then buyers did their inspections and of course wanted a massive price reduction. We could not find a better buyer so we did a value dis
Read more…Hello. We began the short sale process back in the beginning of July. The seller's realtor has been dealing with SLS, Specialized Loan Servicing, up until yesterday. We just received word that SLS has submitted everything to Bank of America for fi
Read more…Hello Agents,
Does anyone here have a way to contact a Manager or Supervisor at Flagstar Bank? I have a short sale submitted (they still have agents FAX in everything!!) and after they acknowledged receiving it 6 months ago, I have never spoken to a
Read more…Anybody else having this problem: Citi says they have a "glitch in the system" which won't allow my clients info to get past the modification module. This is needed prior to submitting file to Fannie. It's ow going on 45 days with this "glitch"...I
Read more…FHA loan on 4 family. One unit owner occupied. No hardship. Owner has a very good paying job. The property started having structural issues in that the front porch is pulling the property apart (big crack in ceiling) Had evaluated by structural engin
Read more…I am really confused on short selling our rental home. The home is worth 188,000 according to appraisal done last week. I have a short sale agent involved and think I was mislead. When short sale company was talking to me about short selling , they
Read more…I am dealing with Residential Credit Solutions out of Ft Worth, TX. took them a little over average time and some "arm wrestling" to approve the short sale. We received the approval letter on September 5, 2013 and they are giving us to September 26,
Read more…3 sellers involved (one is a married couple and other is a friend) and Wells Fargo says they will only put the names of the married couple on the approval letter as they say the third owner is not on the mortgage. All 3 owners documents were submitt
Read more…I just got referred to a client and when I pulled the prelim it showed WF has just recorded a civil foreclosure a week earlier. They still want to move forward with the short sale. My understanding is that they will have to be served the paperwork an
Read more…Oh boy ... how do some folks get themselves into such a mess? I need everybody's help to figure out if this short sale has potential to materialize. Here's what's going on with some prospective short sale sellers I'm recently come into contact with
Read more…Long story short:
The last post I could find was 2011-and there were no responses to it. Has anyone recently done a short sale on a home with a reverse mortgage? I've not done one and I'm curious if it's possible...and what is different. Thanks!
Read more…I am at the point where 2 lenders are fighting over 1st lien position. To my knowledge when the short sale process began, we had a 1st and 2nd with Bank of America and a 3rd HELOC with Citizens. Upon Citizens pulling title, they informed me that thei
Read more…Hello everyone,
Citi Recovery dept told me they cannot continue with the short sale because they cannot push the loan or upload it to do a short sale. My contact does not know why and she said there is nothing they can do. I asked if this has ever happened and she
Read more…Citi servicing this short sale. Major delays up front with file as there was a 45 day "glitch" in their system. Finally they got the file to Fannie for approval. Just as I was gearing up for yet another value dispute/bloody battle...four days after
Read more…I want to try calling shortsale leads, since mailing is so expensive. Does anyone have a script they can share, or point me to a service that provides one?
Read more…Hello,
I have a client with a first mortgage through BOA and the 2nd through SBA. The preliminary HUD was finally approved by both banks.
We are now suppose to close on Oct. 1st, 2013 and BOA said they will not approve the final HUD, even though n
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